FEATURES OF THE FORMATION AND DISTRIBUTION OF FINANCIAL RESOURCES OF LOCAL GOVERNMENT BODIES DURING MARITAL STATE

The article examines the transformation processes of the formation and use of the budget funds of the territorial community of Kharkiv, which are due to the peculiarities of changes in the budget and tax legislation. An analysis of the implementation of planned indicators regarding the main sources of filling the revenue part of the budget of the Kharkiv urban territorial community was carried out. Priority areas of budget allocations were identified, determined by the specifics of financial management under martial law, with an emphasis on ensuring the stable functioning of critically important elements of the city infrastructure. It was found that the strategic task of the decentralization process is not only to expand the competence of local government bodies in the field of decision-making regarding financial and budgetary autonomy, but also to form an effective system of managing the revenue receipts of the territorial community budget in order to ensure its sustainable socio-economic development and the most effective use of accumulated financial resources with a clear socio-economic effect in accordance with the identified priorities. It was noted that the implementation of public finance reform in the context of decentralization is part of a more complex and general problem, which consists in ensuring the conditions for more responsible and effective implementation of their powers by local authorities within the financial resources of their budgets. A detailed analysis of the features of the budget process and an assessment of their impact on the implementation of the budget of the territorial community allowed: to identify problematic issues related to the implementation of revenue replenishment indicators, budgeting of measures of city target programs; to identify internal reserves for replenishing financial resources and attract additional inter-budgetary transfers; to ensure the effectiveness of budget funds management in the established regime of their resource availability and expenditure priority. Within the framework of the local finance reform implemented within the framework of the decentralization process, along with the growth of tax revenues to the budget of the territorial community, two key mechanisms for financial support of the united territorial communities at the expense of state resources were introduced. In particular, we are talking about financing through the State Fund for Regional Development, as well as the provision of a subvention from the state budget to local budgets aimed at implementing measures to develop and modernize the infrastructure of these communities.